Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.
Outlined bar is the consensus estimate; solid is reported.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| Q2 26 | -$0.27 | -$0.3 | -11.1% | — | $20.7M | — |
| Q4 25 | -$0.56 | -$1.03 | -83.9% | — | $9.4M | — |
| Q3 25 | -$0.52 | -$0.69 | -32.7% | — | $13.6M | — |
| Q4 23 | -$42 | -$57.8 | -37.5% | — | — | — |
| Q3 23 | -$42.2 | -$52.5 | -24.5% | — | — | — |
| Q2 23 | -$40.3 | -$52.5 | -30.4% | — | — | — |
| Q1 23 | -$47.3 | -$47.3 | 0.0% | — | — | — |
| Q4 22 | -$63 | -$42 | +33.3% | — | — | — |
| Q3 22 | -$56.4 | -$63 | -11.6% | — | $0 | — |
| Q2 22 | -$61.3 | -$52.5 | +14.3% | — | $0 | — |
| Q1 22 | -$55.1 | -$68.3 | -23.8% | — | $0 | — |
| Q4 21 | -$43.8 | -$52.5 | -20.0% | — | $0 | — |
| Q3 21 | -$23.6 | -$388.5 | -1544.8% | — | — | — |
Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| FY25 | — | -$4.33 | — | — | $46M | — |
| FY24 | — | -$86.5 | — | — | $41M | — |
| FY21 | — | $0.41 | — | — | $0 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY21 | FY24 | FY25 |
|---|---|---|---|
| Revenue | $0 | $41M | $46M |
| YoY change | — | — | +12.1% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY21 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 0 | 41M | 46M |
| Cost of revenue | — | 43.1M | 53.4M |
| Gross profit | — | -2.1M | -7.4M |
| Gross margin | — | -5.08% | -16.1% |
| Research & development | — | 17.1M | 10.7M |
| Selling, general & administrative | 1.8M | 63.2M | 36.9M |
| Operating expenses | 1.8M | 80.3M | 47.5M |
| Operating income | -2M | -82.3M | -54.9M |
| Operating margin | — | -200.8% | -119.5% |
| Non-operating income, net | 12.2M | 25M | -12M |
| Pretax income | 10.3M | -73.3M | -71.2M |
| Income tax | 65.2K | -20K | 117K |
| Net income | 10.2M | -73.3M | -71.4M |
| Net margin | — | -178.8% | -155.2% |
| EBITDA | -12.8M | -81.1M | -62.4M |
| EPS | 0.41 | -86.5 | -4.33 |
| Diluted EPS | 0.4 | -86.5 | -4.33 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 8.2M | 12.6M | 9.3M | 13.6M | 13.6M | 9.4M | 13.8M | 20.7M |
| Cost of revenue | — | — | — | — | 4.2M | 13.1M | 8.6M | 15.2M | 13.2M | 16.4M | 11.4M | 16.2M |
| Gross profit | — | — | — | — | 4.1M | -444K | 697K | -1.6M | 433K | -6.9M | 2.4M | 4.4M |
| Gross margin | — | — | — | — | 49.4% | -3.52% | 7.48% | -11.7% | 3.17% | -73.6% | 17.2% | 21.5% |
| Research & development | — | — | — | — | 4.4M | 3.1M | 1.2M | 2.8M | 3M | 2.5M | 2.7M | 4.3M |
| Selling, general & administrative | -541.1K | 926.3K | 180.3K | 191K | 18.4M | 18.1M | 11.4M | 7.7M | 8M | 10.8M | 6.6M | 11.2M |
| Operating expenses | -541.1K | 926.3K | 180.3K | 191K | 22.8M | 21.2M | 12.6M | 10.5M | 11.1M | 13.3M | 9.3M | 15.5M |
| Operating income | 490.2K | -975.6K | -230.7K | -241.4K | -18.7M | -21.6M | -11.9M | -12.1M | -10.6M | -20.3M | -6.9M | -11.1M |
| Operating margin | — | — | — | — | -227.3% | -171.3% | -127.9% | -89.1% | -77.9% | -214.8% | -50.3% | -53.5% |
| Non-operating income, net | 3.7M | 2.2M | 2.8M | 515.3K | 6.8M | -4.7M | -12.4M | -6K | -11K | 468K | 708K | -283K |
| Pretax income | 4.2M | 1.2M | 2.9M | 1.3M | -22.9M | -22M | -25.4M | -13.7M | -11.8M | -20.3M | -7M | -11.5M |
| Income tax | — | — | 36.8K | 206K | 0 | -20K | 8K | 89K | -14K | 34K | 26K | -9K |
| Net income | 4.2M | 1.2M | 2.9M | 1.1M | -22.9M | -22M | -25.4M | -13.8M | -11.8M | -20.4M | -7M | -11.5M |
| Net margin | — | — | — | — | -277.2% | -173.9% | -272.7% | -101.4% | -86.7% | -215.8% | -50.7% | -55.7% |
| EBITDA | -1.8M | -3.2M | -3M | -756.7K | -20M | -20.6M | -11M | -11.4M | -10M | -30.2M | -5.5M | -10.6M |
| EPS | — | 0.2 | 0.1 | 0.04 | -37 | -12.6 | -1.95 | -0.98 | -0.69 | -1.03 | -0.28 | -0.39 |
| Diluted EPS | — | 0.04 | 0.1 | 0.04 | -37 | -12.6 | -1.95 | -0.98 | -0.69 | -1.03 | -0.28 | -0.39 |
Annual history by fiscal year; click a table row below to chart a different metric.
Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.
| Metric | FY20 | FY21 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Market cap | — | 103.2B | — | — | 352.7M |
| Enterprise value | — | 103.2B | — | — | 302.6M |
| Shares outstanding | — | 25.2M | 13M | 16.5M | 16.5M |
| Metric | FY20 | FY21 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| P/E | — | 10.1K | — | — | 3.4 |
| P/S | — | — | — | — | 6.31 |
| P/B | — | 476.5 | — | — | 5.74 |
| EV/EBITDA | — | -8.1K | — | — | -6.47 |
| EV/Sales | — | — | — | — | 5.26 |
| Earnings yield | — | 0.01% | — | — | 29.4% |
| FCF yield | — | -0% | — | — | -13.1% |
| PEG | — | — | — | — | -0.06 |
| Metric | FY20 | FY21 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Gross margin | — | — | -5.08% | -16.1% | 21.5% |
| Operating margin | — | — | -200.8% | -119.5% | -53.5% |
| Net margin | — | — | -178.8% | -155.2% | -89.6% |
| ROE | — | 4.71% | -184.8% | -187% | -61.4% |
| ROA | — | 4.41% | -82.2% | -67.7% | -22.3% |
| ROIC | — | -0.9% | -151.5% | -145.9% | -56.7% |
| Return on tangible assets | — | 4.41% | -82.2% | -67.7% | -25.3% |
| Metric | FY20 | FY21 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Current ratio | — | 6.94 | 1.52 | 2.37 | 6.33 |
| Quick ratio | — | 6.94 | 0.2 | 1.57 | 5.22 |
| Debt / equity | — | — | 0.4 | 1.05 | 0.21 |
| Debt / assets | — | — | 0.18 | 0.38 | 0.15 |
| Net debt / EBITDA | — | — | -0.18 | 0.01 | 1.07 |
| Interest coverage | — | -2.98 | -3.59 | -15.3 | -18.3 |
| Effective tax rate | — | 0.63% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Revenue per share | — | 0 | 3.16 | 2.79 | 2.48 |
| EPS (basic) | — | 0.41 | -86.5 | -4.33 | -4.33 |
| EPS (diluted) | — | 0.4 | -86.5 | -4.33 | -2.22 |
| Book value per share | — | 8.61 | 3.05 | 2.31 | 1.97 |
| FCF per share | — | -0.01 | -2.52 | -1.82 | -1.99 |
| Cash per share | — | 0.05 | 0.09 | 2.47 | 2.83 |
| Capex per share | — | — | 0 | — | — |
| Metric | FY20 | FY21 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Capex / revenue | — | — | 0.03% | — | — |
| Capex / operating cash flow | — | — | -0.1% | — | — |
| Payout ratio | — | — | — | — | 0% |
| $0 |
| $8.2M |
| $12.6M |
| $9.3M |
| $13.6M |
| $13.6M |
| $9.4M |
| $13.8M |
| $20.7M |
| YoY change | — | — | — | — | — | — | — | — | +65.4% | -25.2% | +48.2% | +52.3% |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY24 | FY25 |
|---|---|---|---|---|
| Cash & short-term investments | 56K | 1.2M | 1.2M | 40.7M |
| Receivables | — | — | 3.7M | 6.3M |
| Inventory | — | — | 50M | 27.1M |
| Total current assets | 56K | 1.5M | 57.7M | 80.1M |
| Property, plant & equipment | — | — | 26.7M | 22.4M |
| Goodwill & intangibles | — | — | — | — |
| Total assets | 227.2K | 231.6M | 89.2M | 105.3M |
| Accounts payable | 689 | 222.4K | 18.5M | 10.3M |
| Short-term debt | 91.4K | — | 7.4M | 8.4M |
| Total current liabilities | 92.1K | 222.4K | 38M | 33.8M |
| Long-term debt | — | — | 8.5M | 31.8M |
| Total liabilities | 92.1K | 222.4K | 49.5M | 67.2M |
| Shareholders' equity | -2.9K | 216.6M | 39.7M | 38.2M |
| Total debt | 91.4K | — | 15.9M | 40.2M |
| Net debt | 35.5K | — | 14.7M | 1.2M |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 1.2M | 724.7K | 308K | 363.3K | 1.6M | 1.2M | 3.9M | 854K | 11.8M | 40.7M | 18M | 91.1M |
| Receivables | — | — | — | — | 10.2M | 3.7M | 4.6M | 5.4M | 6.7M | 6.3M | 6.7M | 8.4M |
| Inventory | — | — | — | — | 62M | 50M | 46.1M | 38.4M | 35.4M | 27.1M | 28.1M | 27.6M |
| Total current assets | 1.5M | 1.1M | 569.6K | 532.5K | 79.8M | 57.7M | 61.8M | 48.9M | 59.2M | 80.1M | 65.2M | 156.1M |
| Property, plant & equipment | — | — | — | — | 25M | 26.7M | 25.7M | 26.1M | 23.4M | 22.4M | 24.5M | 38.1M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 231.6M | 231M | 230.9M | 231.7M | 110.8M | 89.2M | 91.4M | 78.6M | 93.9M | 105.3M | 92.4M | 200.1M |
| Accounts payable | 222.4K | 1.1M | 895.4K | 937.5K | 17.7M | 18.5M | 16.4M | 14.9M | 11.3M | 10.3M | 9.1M | 5.2M |
| Short-term debt | — | — | — | — | 31.5M | 7.4M | 17.9M | 18.6M | 7.4M | 8.4M | 5.2M | 3.3M |
| Total current liabilities | 222.4K | 1.1M | 895.4K | 937.5K | 63.4M | 38M | 43.9M | 42.7M | 37.6M | 33.8M | 26.6M | 24.6M |
| Long-term debt | — | — | — | — | 8.9M | 8.5M | 13.6M | 13.2M | 25.2M | 31.8M | 12.7M | 27.5M |
| Total liabilities | 222.4K | 1.1M | 895.4K | 937.5K | 76.1M | 49.5M | 58.5M | 57M | 63.7M | 67.2M | 40.9M | 53.6M |
| Shareholders' equity | 216.6M | 217.8M | 220.6M | 221.7M | 34.7M | 39.7M | 32.9M | 21.5M | 30.2M | 38.2M | 51.5M | 146.5M |
| Total debt | — | — | — | — | 40.4M | 15.9M | 31.4M | 31.8M | 32.5M | 40.2M | 17.8M | 30.8M |
| Net debt | — | — | — | — | 38.7M | 14.7M | 27.6M | 31M | 20.7M | 1.2M | 1.3M | -60.3M |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | FY21 | FY24 | FY25 |
|---|---|---|---|
| Net income | 10.2M | -73.3M | -71.4M |
| Depreciation & amortization | — | 4.9M | 3.4M |
| Stock-based compensation | — | 15.4M | 9.5M |
| Change in working capital | 221.7K | 32.3M | 2.4M |
| Operating cash flow | 10.4M | -11.1M | -27.3M |
| Capital expenditure | — | 11K | — |
| Investing cash flow | -230M | 7.8M | 0 |
| Dividends paid | — | — | — |
| Share repurchases | — | — | — |
| Financing cash flow | 231.5M | -549K | 67.8M |
| Net change in cash | 11.9M | -3.9M | 40.5M |
| Free cash flow | -375.9K | -32.7M | -30M |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 4.2M | 1.2M | 2.9M | 1.1M | -22.9M | -22M | -25.4M | -14.2M | -12.7M | -20.4M | -7M | -11.5M |
| Depreciation & amortization | — | — | — | — | 1.2M | 968K | 942K | 730K | 675K | 887K | 762K | 712K |
| Stock-based compensation | — | — | — | — | 3.7M | 2.3M | 4.1M | 2.9M | 3.7M | 403K | 1.9M | 2.5M |
| Change in working capital | 32.6K | 857.7K | -184.6K | 42.1K | 12.5M | 18.7M | -2.2M | 2.1M | -5.1M | 7.6M | -8.7M | -2.9M |
| Operating cash flow | 4.2M | 2.1M | 2.3M | 110K | 8.7M | -11.5M | -21.6M | -1.2M | -6M | -7.7M | -18M | -21.6M |
| Capital expenditure | — | — | — | — | -20K | 39K | 0 | — | — | — | — | — |
| Investing cash flow | 0 | — | — | — | 678K | 39K | 0 | 0 | 0 | 0 | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 0 | 0 | 0 | 443K | 9.5M | 15M | 0 | -499K | 35.5M | -3.5M | -1M |
| Net change in cash | 4.2M | 2.1M | 2.3M | 110K | 9.9M | -1.9M | -6.6M | -1.2M | -6.5M | 27.8M | -21.5M | -22.6M |
| Free cash flow | 721K | -464.2K | -416.7K | -150.7K | -2M | -2.2M | -12.3M | -3M | -6.3M | -8.3M | -18.9M | -25.1M |